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An exchange rate is the price of one country's currency expressed in another country's currency. The exchange rates of the euro () and the Japanese

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An exchange rate is the price of one country's currency expressed in another country's currency. The exchange rates of the euro () and the Japanese yen () relative to the U.S. dollar () are listed as follows: Euro Yen Spot Rate 0.5447/$1 102.5600/$1 When exchange rates are stated as quotation, the foreign exchange rate represents the number of American dollars that can be purchased with one unit of domestic currency. aiven the exchange rate data aboe, how many yen (o) can one uro (C 1) purchase 188.29 235.36 244.78 216.53 Direct and indirect quotations have relationship

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